US EditionCanada reaches tariff-quota deal with China on EVs, canola
Canada will reduce its 100% tariff on Chinese electric vehicles to 6.1% for up to 49,000 cars annually, while China cuts canola tariffs, easing trade tensions after years of disputes.
- At their first bilateral summit in eight years in Beijing, Carney announced `Canada and China have reached a preliminary but landmark trade agreement to remove trade barriers and reduce tariffs`, Carney told a news conference at Ritan Park and meetings at the Great Hall of the People.
- Pressure from U.S. tariffs and a search for markets beyond the United States prompted Ottawa to seek a pivot, as Carney aimed to reduce reliance on the U.S., with the January 16, 2026, meeting signaling this shift.
- China's concessions include measurable tariff cuts and visa changes, such as cutting canola tariffs to around 15 percent by March 1 and granting visa-free entry for Canadian visitors, while Canada will import 49,000 Chinese electric vehicles under a preferential tariff of 6.1 percent.
- Economically, the pact addresses dependence on the United States by targeting diversification since the United States bought around 75 percent of Canadian goods in 2024, Carney said.
- Carney met Premier Li Qiang on Thursday and will also meet business leaders to link summit diplomacy to commercial engagement.
193 Articles
193 Articles
Canada breaks with U.S. to slash tariffs on some Chinese electric vehicles
BEIJING — Canada will lower tariffs on some Chinese electric vehicles and China will do the same for Canadian canola products, a major shift in policy that was announced Friday during a landmark state visit by Prime Minister Mark Carney of Canada to Beijing. Carney announced that Canada will allow up to 49,000 Chinese electric vehicles into the Canadian market under a preferential tariff rate of 6.1%. That is much lower than the current rate of …
A China Deal That Trades Leverage for Illusion
Commentary Canada’s newly announced trade memorandum with China has been presented by the federal government as pragmatic statecraft in a turbulent world. Lower tariffs on canola and seafood in exchange for the entry of nearly 50,000 Chinese electric vehicles, we are told, will diversify exports, lower consumer prices, and signal Canada’s independence from American protectionism. This framing is incomplete. More troublingly, it is strategically …
Canada cuts tariffs on Chinese EVs as part of new deal
Canada has agreed to drastically reduce its tariffs on imported Chinese EVs from 100 percent to 6.1 percent as part of a new deal between the two countries. In return, China will be reducing tariffs on Canadian canola seeds from 84 percent to about 15 percent. The move is a break from the United States, which maintains a 100 percent tariff on EVs from China, effectively banning them in the country. Mexico currently tariffs the vehicles at 50 per…
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